NextDecade gains on positive FID for Rio Grande Train 5 LNG project

Nextdecade

16/10/2025 22:50

** Shares of LNG producer NextDecade NEXT.O rise 3.8% to $6.34 in extended trading

** NEXT reaches positive final investment decision on Train 5 at its Rio Grande LNG export facility in Texas

** Project costs for Train 5 and related infrastructure are expected to total nearly $6.7 billion

** Train 5 has the expected LNG production capacity of about 6 million tonnes per annum

** Completion date for Train 5, as well as the first commercial delivery date under the Train 5 LNG deals, is expected to be in the first half of 2031

** As of last close, NEXT shares down 20.8% YTD

(Reporting by Sumit Saha in Bengaluru)

((Sumit.Saha@thomsonreuters.com))